Charming East Hill Duplex
613-613 1/2 E Grand Avenue Chippewa Falls, WI 54729
613-613 1/2 E Grand Avenue, Chippewa Falls, WI, 54729
$205,000
For Sale
$205,000
MULTI_FAMILY - Chippewa Falls, WI
Property Size1,798 SF
Price / SF$114.02
Days on Market73
Property Features for 613-613 1/2 E Grand Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Patio and Porch features
- Porch
- Appliances
- Oven, Range, Refrigerator
- Standard status
- Active
- APN
- 22808-0522-60430401A
- Size
- 1,798 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2343
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard, Forced Air
- Water source
- Public
Building Details
- Year built
- 1900
- Number of units
- 2
- Building materials
- VinylSiding
Listing Agency
CB Brenizer/Chippewa
(715) 723-5521
600 Bay St, Chippewa Falls, WI
Listed by
Amber Linhart · License #68163-94
(715) 723-5521
Added: May 7 Checked: Jul 18 at 1:06 am
MLS# 1600949
Listing URL
Copyright © 2026 REALTORS® Association of Northwestern Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex offers two separate residential units, each featuring 2 bedrooms and 1 bath. The main floor unit includes an enclosed back porch with convenient access to the basement, along with a spacious layout described as full of character. The upper unit also has an enclosed back porch, plus an enclosed stairway entry that provides added privacy.
Located on E Grand Avenue in Chippewa Falls’ East Hill area, the property provides space for parking. The surrounding neighborhood includes access to local amenities, with proximity noted to Kwik Trip and downtown.
The configuration supports buyers seeking either an owner-occupy arrangement or a residential income purchase, with both units sharing the same 2-bedroom, 1-bath design. The upper unit has recent updates, including cupboards, countertop, flooring, and fresh paint, which may help reduce near-term turnover work. Enclosed porches and the enclosed stairway entry also add practical, usable space for everyday living.
Located on E Grand Avenue in Chippewa Falls’ East Hill area, the property provides space for parking. The surrounding neighborhood includes access to local amenities, with proximity noted to Kwik Trip and downtown.
The configuration supports buyers seeking either an owner-occupy arrangement or a residential income purchase, with both units sharing the same 2-bedroom, 1-bath design. The upper unit has recent updates, including cupboards, countertop, flooring, and fresh paint, which may help reduce near-term turnover work. Enclosed porches and the enclosed stairway entry also add practical, usable space for everyday living.
Key Highlights
- Great investment or owner‑occupy opportunity as a duplex.
- Two units, each with 2 bedrooms and 1 bath.
- Prime East Hill location in Chippewa Falls, close to downtown and amenities.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.7k | $12.60 |
| − Vacancy | −$1.2k | −$0.69 |
| EGI | $21.4k | $11.91 |
| − OpEx | −$6.4k | −$3.57 |
| NOI | $15.0k | $8.33 |
1,798 SF · lease $12.60/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$214.1K
$187.3K – $249.8K
NOI $14,986 @ 7.0% cap · market cap 7.31%
Second Best
Apartment 5plus
$193.3K
$169.1K – $225.5K
NOI $13,528 @ 7.0% cap · market cap 6.60%
Theoretical Best
Warehouse
$998.2K
$873.4K – $1.16M
NOI $69,873 @ 7.0% cap · market cap 34.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex with two 2-bedroom, 1-bath units, each with enclosed back porch and enclosed entry features.
Where is this duplex located?
The property is located at 613-613 1/2 E Grand Avenue Chippewa Falls, WI.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: Great investment or owner‑occupy opportunity as a duplex.; Two units, each with 2 bedrooms and 1 bath.; Prime East Hill location in Chippewa Falls, close to downtown and amenities.
